Location! Location! Location! This two-story apartment complex in the heart of Koreatown is competitively priced and ideally situated between the prestigious Hancock Park and Mid-Wilshire neighborhoods. The property is approximately 5 miles from Downtown Los Angeles and offers convenient access to major freeways, public transportation, grocery stores, shopping centers, dining, and local schools.
The building features a total of eight 1-bedroom/1-bath units, with several units already remodeled, offering immediate rental appeal and value-add potential. This prime location presents excellent upside for investors and developers alike. The adjacent property at 127 S. Oxford Ave. is also available for purchase; combined, the two parcels offer an approximate total lot size of 14,318 sq ft (100’ x 143’) under LAR4 zoning, creating strong potential for higher-density residential development.